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Leased Two-Story Flex Office Building
For Sale
Contact for pricing
Pending

2200 - 2240 N ELSTON AVENUE, Chicago, IL 60614

Two-story flex office building built in 1930, renovated in 2002, and 100% leased by four long-term tenants.

Days on Market110

Property Features for 2200 - 2240 N ELSTON AVENUE

General Information

Standard status Pending
Total Parking Spaces 16
Property subtype Office
Occupancy 100%

Additional Details

Highway Access Yes

Building Details

Year Built 1930
Year Renovated 2002
Stories 2
Tenancy Multi
Listing Agency: Frontline Real Estate Partners
Listed By: Matthew Tarshis · License #IL 481011744
Source: Crexi
Added: Apr 12 Changed: Jul 20 Last Checked: Jul 30 at 4:22AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Frontline Real Estate Partners

Investment Insights

Based on property information with market context.

A two-story flex office building constructed in 1930 and renovated in 2002, currently 100% leased to four long-term tenants. Tenant roster includes Baker Development Corporation, Chicago Blue Dolphins, DMC Inc., and The Green Bean Nursery. DMC Inc. represents the largest space at approximately 22,000 SF with a term through March 2028. The property includes 16 parking spaces onsite, with potential for 10 additional spots from a south lot currently used as green space by Green Bean.

The building is located at the corner of North Elston Avenue and West Webster Avenue in Chicago’s Bucktown neighborhood. It is approximately two blocks from the Clybourn Metra train station and two blocks west of the Kennedy Expressway, with nearby bus access at Webster and Ashland as well as Webster and Damen.

The surrounding area is primarily retail/office and includes flex and industrial uses, with nearby commercial retailers and services such as Mariano’s, Kohls, Best Buy, TJ Maxx, Panera Bread, Chick-fil-A, Popeye’s Chicken, McDonald’s, and DaVita, among others.

Key Highlights

  • Fully leased 2‑story flex office building (built in 1930; renovated in 2002) at 2200–2240 N. Elston Ave.
  • 100% leased to four long‑term tenants: Baker Development Corporation, Chicago Blue Dolphins, DMC Inc., and The Green Bean Nursery.
  • Largest tenant, DMC Inc., occupies approx. 22,000 SF with a term through March 2028.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store Auto Repair Shop HVAC Service Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,834
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60614, IL

73,173
Population
38,089
Households
1.9
Avg Household Size
31
Median Age
86%
College-Educated
98%
High-School Grad
3.2 sq mi
ZIP Area
22,867
Density / Sq Mi
$139,561
Median Household Income
$86,386
Median Earnings
$2,019
Median Rent
$730,700
Median Home Value

Market

Vacancy Rate% for Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Two-story flex office building built in 1930, renovated in 2002, and 100% leased by four long-term tenants.
Where is this flex space located?
The property is located at 2200 - 2240 N ELSTON AVENUE Chicago, IL.
What are key features of this property?
This property features: Fully leased 2‑story flex office building (built in 1930; renovated in 2002) at 2200–2240 N. Elston Ave.; 100% leased to four long‑term tenants: Baker Development Corporation, Chicago Blue Dolphins, DMC Inc., and The Green Bean Nursery.; Largest tenant, DMC Inc., occupies approx. 22,000 SF with a term through March 2028.
(847) 780-8062 Call to check price and availability
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